More by H&R Block

Plenty of teens are employed, but when it comes to filling out tax forms, most still rely on their parents. Just 3 percent of teens have filled out an income tax form themselves, according to a new report from H&R Block on the financial health and habits of American teens.

The report also found that three quarters of teens turn to their parents for financial information, and nearly two thirds say their parents are good financial role models.

When it comes to planning for their financial future, 8 in 10 teens are concerned about finding a good job as an adult, and 58 percent worry about being worse off financially than their parents.

The good news? 97 percent of teens surveyed said they’re planning on attending college.

Check out some more fast facts about the financial fitness of American teens: